3185 Faussett Rd,Howell,MI,48855

Investment Highlights

Investment property for sale in Howell at 3185 Faussett Rd, Howell, MI, 48855 offers a 8.7% rental yield on a $349,900 purchase with $2,538/mo rent. Total monthly income registers $2,538/mo, and a $1,713/mo payment leaves $230/mo available for distribution. Annual cash flow reaches $2,762/yr on $115,992 to close, and return on cash invested stands at 22.29% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 116.18% and total cumulative return in cash at $134,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,538/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.